Volvo UK is launching a nationwide recruitment drive for 300 new technicians to join its 119-strong dealer network by 2020, in line with the brand's increasing sales and its growing product range. The award-winning S90 and V90 models most recently joined Volvo's impressive line-up, and with more new products set to arrive in the coming years, Volvo aims … [Read more...]
Industry
Newslines 21 February: Vauxhall pensions mountain
The pensions deficit at Vauxhall stands at about £1 Billion, Reuters has been told. Peugeot is considering taking over GM's European divisions Vauxhall and Opel, and many multinational companies including Tata Steel have had to deal with increased pension spending, and it could be a factor which influences Peugeot in where to make any possible cuts … [Read more...]
UK concerns over Vauxhall plants
Britain has contacted the president of General Motors to express concerns after the American firm opened talks to sell its European operations, including the Vauxhall plants in England, to France's PSA Group. The Department for Business said the government remained in close contact with GM and was monitoring the situation after the two companies said on … [Read more...]
Low carbon trucks may not bring anticipated reductions, say experts
Britain’s first Centre of Excellence for low carbon and fuel cell technologies, has been looking into the future of trucks and refuelling. The trial was commissioned by the UK government to support the procurement of low-emission heavy-goods vehicle (HGV) technologies and their supporting infrastructure. In partnership with engineering consultancy … [Read more...]
Tradelines 15 February
Mitsubishi has named its all-new SUV “Mitsubishi Eclipse Cross” before it appears next month at the Geneva motor show. As befits its sharp, coupé-like contours, the Eclipse Cross name references the Eclipse sports car which amassed more than 1.4 million sales, mainly in North America between 1989 and 2012, while also referring to the cross-functional SUV … [Read more...]
Profits pushed back at JLR by rising spending
India's Tata Motors reported a 96 percent fall in net profit for its third quarter, citing sharply lower earnings at its British luxury carmaker Jaguar Land Rover and losses in its domestic business. Consolidated net profit for the three months to Dec. 31 fell to 1.12 billion rupees from 29.53 billion a year earlier, the company said on Tuesday. Total … [Read more...]
Vauxhall face PSA merger deal to cut costs for firms
Vauxhall is facing the prospect of a merger with French vehicle maker PSA Peugeot Citroen. The British company’s parent and co-owner of Opel, General Motors, wants to divest itself of its two European operations. Vauxhall Opel and PSA have for five years collaborated on SUV and LCV projects but now their tie up could become more extensive and would … [Read more...]
Ex-VW head refuses public testimony over emissions, media reports
Ex-Volkswagen Chairman Ferdinand Piech resigned after a showdown with former CEO Martin Winterkorn and has refused to testify to German lawmakers investigating a possible government role in the VW emissions scandal, according to his lawyer. Piech, also VW's former CEO who spearheaded the automaker's global expansion, gave testimony to lawyers of U.S. law … [Read more...]
Briefly 14 February
The T9 bus service linking Cardiff with Cardiff Airport has experienced its best year on record, suggest figures by Welsh Government. Quarterly figures up to September 2016 show an average of over 13,200 passengers a month used the service in the last year, with month on month growth every month since June 2014. Plans for a new off-road 4x4 in the … [Read more...]
Brits borrowed more for new cars in 2016
The Finance & Leasing Association says new business in the point of sale consumer car finance market grew 12% by value and 8% by volume in 2016. New business was up 3% by value and down 3% by volume in December, compared with the same month in 2015. The POS consumer new car finance market reported new business up 1% by value and 8% lower by volume … [Read more...]
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